Summary of Rich Dad, Poor Dad by Robert Kiyosaki

Guideposts to grow wealthier no matter what happens in a serviceman of increasing change and uncertainty:     1. Rich Dont Work For Money     Most of the college graduate students today are ideate to be an employee-nurse, doctor, teacher, bookkeeper, accountant, etc. Only few assume to set about their any kind of business. They choose to be a imperishable employee than to be an employer. They study more or less than 15 years of their life to have a secure telephone line with high paying salary and benefits on retirement. They will depart on jobs paying low cost and find for some other in which higher pay dont solve financial problems. Thus, they quit because of having care of non paying their bills. On the other hand, fear also keeps citizenry working at the job, the fear of being fired, the fear of not having enough money, the fear of starting over. Thats the price of studying to learn a art or trade, and then working for money so that virtually people become a slave to money.     2. Why study Financial Literacy     Having a financial intelligence leads to be full because you know how to manage your money and where will you put it first. And in contrast, thinking also leads you to be worthless. Ignorance causes poverty.

Like for example, many people that such money is the solution in their poverty solely the real problem-solver is the mind, the intelligence, knowledge in holding money and purchase assets not liabilities. Buying more assets than liabilities leads to high income because of the profit you commence on your asset which also covers expenses thats why rich psyches income is greater than the expense. The more money that goes into the asset column, the more the asset column grows. The more the assets grow, the more the cash flow grows. whence the person will get rich with more and more income from sources other than his physical labor. Poor people are poor not because of the amount of money they earned, but because of his thoughts and actions. Its not how much money you make but... If you want to get a full essay, order it on our website: Orderessay

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